Institute for Economics and Peace (IEP) reveals the most peaceful countries in the world. Despite living in the most peaceful century in human history, the world has become less peaceful over the last decade.

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In November 2018, Global Finance magazine named the BPS-Sberbank’s internet unit—Sberbank Business Online—the Best Digital Corporate Bank in Russia, Central and Eastern Europe. The unit also succeeded in three corporate sub-categories for Central and Eastern Europe: Best Online Portal Services, Most Innovative Digital Bank, and Best Integrated Corporate Bank Site.

In business, everything starts and ends with a payment. Companies receive payments from customers and make payments to their suppliers every day and the finance department is responsible for ensuring that the company is paying the right amounts and receiving the expected sums. Often, companies are processing these payments in multiple locations, with different teams working with local banks, customers and vendors. However, the move towards more digital payment methods is changing the payment landscape — rapidly.

In February 2018, Gruppo ITAS Assicurazioni (Itas), a leading mutual insurance company in Italy, became one of the first insurance companies in Europe to initiate a virtual account structure for its incoming payments – setting a benchmark in terms of ...

Corporate treasurers are aware that they must navigate an increasingly complex environment, the BCG and BNP Paribas 2018 Corporate Treasury Survey has revealed. As well as facing new risks – like cyber security, which the survey shows now ranks among ...

Artificial intelligence and virtual advisors, authorization of transactions with the use of face or voice identification - it is not a futuristic vision of the world, but the solutions that are already being implemented by banks all over the world. ...

The in-depth research set out to understand the impact of FinTech and the disintermediation of the cross border transactions and payments businesses on mid-size European banks. A series of interviews with heads of correspondent banking, cash management and transaction banking ...

The limit on interest deductibility is impacting the way that firms finance domestic mergers and acquisitions which is fueling the existing trend for US companies to pursue foreign M&A. Why invest in foreign companies? Growing a business internationally has always ...

2018 marks the 10th anniversary of the catastrophic crisis that rolled through global markets threatening financial Armageddon until, at the second attempt, the US government coordinated an effective rescue plan. The most malignant parts of the financial sector were variously ...

UK payments infrastructure is in a time of great change – presenting an opportunity for those banks that are at the forefront of these changes to enable a wider choice of payment options to consumer customers while offering a wider ...

Instant payments are now live all over the world – meaning the migration to real-time banking is well underway. Uptake has been substantial – surprisingly so in the case of Europe’s SEPA Instant Credit Transfer (SCT Inst) payment scheme, which ...

Harbin Bank has emerged as the primary bank in China that is forging closer nancial relationships between the country and Russia, implementing several initiatives to strengthen business links between the two nations. Harbin Bank together with Sberbank, the largest state-owned ...

SCB is already a leading financial institution in Asia, with net profits above $1 billion and a $20 billion mortgage book. Now, it has demonstrated its market-leading innovation by making it even smoother and safer for new clients to join ...

Neo Online, an innovator in peer to peer lending and financial technology (fintech), is bringing its analytical muscle to bear on the challenges faced by investors in China. According to a survey of more than 40,000 Chinese households, conducted ...

Simone Del Guerra, Global Head of Transactional Sales at UniCredit discusses the challenges facing correspondent banks, the impact of Swift GPI, instant payments and whether banking is still a people business in the wake of technological advancements.

John Laurens, Head of Global Transaction Services at DBS, discusses how DBS is transforming its transaction banking offerings by incorporating Human Centered Design Thinking into its product design, while balancing both the needs of clients and the bank.